The New York insurance company that wrote policies for 800,000 questionable Wells Fargo auto loans has been dragged into the bank’s latest scandal. National General Insurance was named in a class-action lawsuit filed against the bank — for allegedly unduly profiting from $80 million in collateral protection insurance that the drivers didn’t need — and...
NYS Entity Status
NYS Filing Date
JANUARY 30, 2014
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED PARTNERSHIP
2014 - CERBERUS ICQ LEVERED LOAN OPPORTUNITIES FUND, L.P.
Around the Web
- NY insurance company dragged into Wells Fargo scandal
By Kevin Dugan - Tuesday Aug 1, 2017
- Trump increases funding for Irma in Puerto Rico, US Virgin Islands
By Marisa Schultz - Sunday Sep 10, 2017
President Trump increased federal assistance to Hurricane Irma-ravaged Puerto Rico and the US Virgin Islands, the White House announced on Sunday. The president also declared Puerto Rico, a US commonwealth, a major disaster are and ordered federal aid to bolster recovery efforts. “Assistance can include grants for temporary housing and home repairs, low-cost loans to...
- Rapper Common surprises students at NY school, donates money
By MESFIN FEKADU, AP Music Writer - Thursday Jul 20, 2017
Rapper Common surprises students at NY school, donates moneyNEW YORK (AP) — Oscar and Grammy winner Common surprised a group of New York students by donating $10,000 to help their teachers buy supplies like calculators and science kits.The rapper-actor partnered with the nonprofit AdoptAClassroom.org and Burlington Stores to give Renaissance School of the Arts in Harlem the funds on Thursday.Jadon-Li M. Antoine, an aspiring musician, actor and dancer, said Common's visit motivates him to keep aiming for his dreams.Burlington has been raising money from its 599 stores to help other schools, asking customers to donate $1 or more.
- Payday lender operators forced to forgive $12M in loans
By Carleton English - Monday Sep 25, 2017
New York on Monday announced a settlement with two payday lender operators — barring them from working in the state and forcing them to forgive roughly 20,000 loans worth roughly $12 million. Total Account Recovery (TAR), a payday loan debt collector, and E-Finance Call Center Support, a payday loan servicer, had for years profited from...
- $183M Settlement Means 41,000 Former Corinthian Students Will Get Private Loan Forgiven
By Ashlee Kieler - Thursday Aug 17, 2017
Nearly 41,000 former students of now-defunct for-profit educator Corinthian Colleges will soon receive refunds for the private student loans they received to attend college, after a coalition of state attorneys general and federal agencies reached a $183.3 million settlement with Aequitas Capital Management, the issuer of these loans. New York Attorney General Eric Schneiderman announced today the settlement [PDF…
- Regulators are planning a crackdown on payday loans
By Kevin Dugan - Thursday Oct 5, 2017
A federal agency on Thursday announced tough, long-awaited rules on payday loans that experts say could spur the closure of thousands of loan shops nationwide. Payday lenders — who give customers short-term cash at sky-high interest rates, and are usually found in poorer areas — will have to determine that their customers can pay back...